Fino Payments Bank announced that its board of directors has approved a 12.19 percent minority strategic investment in New Delhi-based fintech Paysprint Pvt Ltd. Fino Payments Bank is making its first strategic investment since becoming public. This is in addition to the bank’s Fino 2.0 projects, which include many internal programmes aimed at creating a digital ecosystem for its customers.
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In FY23, the robust growth pace is likely to continue. During the year, it also onboarded over 600 partners from banks, NBFCs, MSMEs, fintech, and other start-ups.
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